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The New Performance Index: An application to COVID-19 era

Author

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  • Muhammad Asali

    (International School of Economics at Tbilisi State University, Georgia; IZA, Bonn, Germany; SIPA, Columbia University, NY)

Abstract

In this study I build a performance index that is based on different human capital components, as well as differences in the distribution of these components and of their returns between different genders and ethnic groups. The index can be calculated for individual industries in an economy; it can also be calculated for global economies. It facilitates the comparison between the performance of different economies; and it can be used to study the changes in individual industries within an economy, that might be differently affected by economic, health, and social changes. As an example, I implement the index to study the US economy around the period of the COVID-19 global pandemic, to observe the different effects of the pandemic on the different industries of the economy.

Suggested Citation

  • Muhammad Asali, 2021. "The New Performance Index: An application to COVID-19 era," Working Papers 003-21, International School of Economics at TSU, Tbilisi, Republic of Georgia.
    • Handle: RePEc:tbs:wpaper:21-003
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    References listed on IDEAS

    as
    1. Adams-Prassl, A. & Boneva, T. & Golin, M. & Rauh, C., 2020. "Work Tasks That Can Be Done From Home: Evidence on Variation Within and Across Occupations and Industries," Cambridge Working Papers in Economics 2040, Faculty of Economics, University of Cambridge.
    2. Adams-Prassl, Abi & Boneva, Teodora & Golin, Marta & Rauh, Christopher, 2022. "Work that can be done from home: evidence on variation within and across occupations and industries," Labour Economics, Elsevier, vol. 74(C).
    3. Muhammad Asali & Rusudan Gurashvili, 2020. "Labour market discrimination and the macroeconomy," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 28(3), pages 515-533, July.
    4. Robalino, David A., 2020. "The COVID-19 Conundrum in the Developing World: Protecting Lives or Protecting Jobs?," IZA Discussion Papers 13136, Institute of Labor Economics (IZA).
    5. Jinwook Shin & Seonghoon Kim & Kanghyock Koh, 2020. "Economic Impact of Targeted Government Responses to COVID-19: Evidence from the First Large-scale Cluster in Seoul," Working Paper Series no138, Institute of Economic Research, Seoul National University.
    Full references (including those not matched with items on IDEAS)

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